I am not disapointed or surprised with todays action. After a 40% gain it should be expected to have a pullback, today was about a 50% retrace of yesterdays gains. Todays candle combined with yesterdays has created a bearish harami which is actually bullish 53% of the time serving as a bullish continuation pattern rather than reversal (though still pretty random at 53%) If you would like I could do an annotated chart for you tonight when I have access to a comp. right now I am on my phone.
Senorita your subtle remark-I also love certain chartists that say that they do it for a living but not 1 annotated chart to be seen anywhere. lol BTW-I never said I did it for a living
Now back to the situation at hand. I merely posted my opinion as to why I sold and where I felt the stock PPS could drift down to; was I correct?
I'll waiting to see if .90 holds if not then .81 or so is my thinking http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71799050
At time of my post 9:49-the stock was trading between $1. and .94
Mind you it was all in the context of the premarket trading that was and I'm sure most would agree, "unusual action". Now we see an 8K filing and it perhaps that was in part along with the Adam F article for the gap down.
Now I'm aware of how touchy folks get on these boards when someone posts opinions if it's not along the agenda and opinions of others. I was careful to make note in another my post that I was not bragging.